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News  ›  Benzinga

NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec

Benzinga Logo Benzinga By Prnewswire
NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec

Nidec Corporation is under investigation for suspected improper accounting practices, leading to significant stock price declines and a Tokyo Stock Exchange special security alert.

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GOOG   positive

Recommended as a safer investment with substantial resources and leadership potential in quantum computing


NJDCY   negative

Multiple investigations revealed potential accounting improprieties, management involvement in suspicious practices, stock price dropped multiple times (16.5%, 6.6%, 25.4%, 20.3%), and received a special security alert from Tokyo Stock Exchange indicating serious internal control deficiencies